$1,599,000
 $8,584 est/mo Sourced by Back At You

55 Glendale Avenue , Glebe - Ottawa East and Area, ON K1S 1W3

Glebe - Ottawa East and Area, ON K1S 1W3

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Description

Exceptional Investment Opportunity in the Glebe!! Take advantage of this solid building designed as a fourplex, featuring two spacious 2-bedroom units, two generous 4-bedroom units, and an additional 1-bedroom unit, with a mix of Tile, Hardwood and Laminate. Located at the vibrant northeast corner of Percy and Glendale, this highly sought-after area is currently generating over $107,000 in revenue with excellent growth potential! The building offers open parking for three cars; all apartments are easy to rent. You'll love the prime Centertown location, steps from shopping and dining, and a short drive to Parliament Hill and downtown. The O-TRAIN is just 25 minutes away, with nearby parks like Glebe Memorial Park, Chamberlain Park and McNabb Park enhancing the urban lifestyle. The recent fire retrofit in 2020 adds peace of mind, with this fourplex + 1( non-compliant). This building can be financed at favourable residential interest rates. This is a rare opportunity, so don't miss out on this outstanding investment!

Details

MLS#X10423185
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Days On Site161
Listing Provided ByROYAL LEPAGE TEAM REALTY | X10423185 506801

Features

Bed(s)4
Bath(s)5
BasementY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 6 minutes ago
ProvinceON
CountyOttawa
CityGlebe - Ottawa East and Area
Postal CodeK1S 1W3
Area4401 Glebe
Listing VS Median (In K1S 1W3)
Price:
$1,599,000
low | high
Med:
$0
On site:
161
low | high
Med:
Sourced by Back At You
Listing Updated: April 8, 2025 at 2:44:49 PM PDT